LIC HOUSING share price has plunged 5% and is presently trading at Rs 417.
Meanwhile, the BSE 500 Index is at 18,692 (down 1.6%).
Among the top losers in the BSE 500 Index today are LIC HOUSING (down 5.2%) and INFO EDGE (down 5.5%).
CYIENT (up 11.6%) and TATA ELXSI (up 7.5%) are among the top gainers today.
Over the last one year, LIC HOUSING has moved down from Rs 477 to Rs 417, registering a loss of Rs 60 (down 12.5%)..
The BSE 500 has moved up from 15,797 to 18,692, registering a gain of 2,895 points (up 18.3%) during the last 12 months.
The top buzzing stocks among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 420.5%), LAURUS LABS (up 357.8%) and DIXON TECHNOLOGIES (up 234.3%).
DISCOVER: How to Potentially Multiply Your Returns by Upto 5x...
The BSE Sensex is at 48,387 (down 1.9%). The top gainers among the BSE Sensex stocks today are TECH MAHINDRA (up 2.6%). The most traded stocks in the BSE Sensex are ITC and TECH MAHINDRA.
In the meantime, NSE Nifty is at 14,238 (down 1.9%). TECH MAHINDRA (up 2.6%) and SBI LIFE INSURANCE (up 2.0%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 41,115 to 48,387, registering a gain of 7,272 points (up 15.37%).
LIC HOUSING net profit down at Rs 4 billion for the quarter ended March 2020, compared to a loss of Rs 6 billion a year ago. Net Sales declined 1.7% to Rs 49.1 billion during the period as against Rs 50.0 billion in January-March 2019.
For the year ended March 2020, LIC HOUSING reported 1.5% decrease in net profit to Rs 24.0 billion compared to net profit of Rs 24.3 billion during FY19.
Revenue of the company grew 13.6% to Rs 196 billion during FY20.
The current Price to earnings ratio of LIC HOUSING, based on rolling 12 month earnings, stands at 8.3x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed huge selling during closing hours on Friday and ended lower.
In this edition of Momentum Moves, I'll show you why the Nifty is in for a time correction and why the Bank Nifty is looking weak in the short-term.
Indian share markets end lower with the Sensex down by 441 points and the Nifty ending down by 143 points.
GRINDWELL NORTON share price is trading down by 5% and its current market price is Rs 950. The BSE CAPITAL GOODS is down by 1.5%. The top gainers in the BSE CAPITAL GOODS Index are V GUARD INDUSTRIES (up 3.3%) and AIA ENGINEERING (up 0.3%). The top losers is GRINDWELL NORTON (down 5.1%).
ADITYA BIRLA CAPITAL share price is trading down by 5% and its current market price is Rs 131. The BSE 500 is down by 1.1%. The top gainers in the BSE 500 Index are TV18 BROADCAST (up 7.3%) and MOTILAL OSWAL (up 5.9%). The top losers are ADITYA BIRLA CAPITAL (down 5.0%) and APOLLO HOSPITALS (down 5.2%).
HAVELLS INDIA share price is trading down by 5% and its current market price is Rs 1,163. The BSE CONSUMER DURABLES is down by 0.7%. The top gainers in the BSE CONSUMER DURABLES Index are BLUE STAR (up 1.7%) and CROMPTON GREAVES CONSUMER ELEC. (up 1.3%). The top losers is HAVELLS INDIA (down 5.1%).
View More Indian Share Market NewsLast time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.
In this video, I'll show you how to get started on the path to daily trading profits.
An Indian company founded three decades ago in a garage caught my attention...
In this episode of the Investor Hour, India's #1 trader, Vijay Bhambwani, talks to us about the stock market, his new targets for gold and silver, the best long-term investment opportunity, and a lot more.
More
Equitymaster requests your view! Post a comment on "LIC HOUSING Share Price Down by 5%; BSE 500 Index Down 1.6%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!